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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Credit Agricole SA | EU:ACA | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.115 | 0.75% | 15.39 | 15.36 | 15.40 | 15.39 | 15.255 | 15.30 | 3,521,495 | 16:40:00 |
By Pietro Lombardi
Unibail-Rodamco-Westfield SE has signed a binding agreement with Credit Agricole Assurances and La Francaise to form a partnership on a portfolio of five French shopping centers.
The Amsterdam-listed commercial property company said late Friday that its works council had given the green light to the deal, which had been announced in February.
Last month the company said that it would sell a stake in a portfolio of five shopping centers to Credit Agricole Assurances and La Francaise for net proceeds of 1.5 billion euros ($1.69 billion), a transaction to be conducted through the creation of a joint venture owning the Aeroville, So Ouest, Alma, Toison d'Or and Confluence shopping centers.
The deal is expected to close at the end of the second quarter.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
March 09, 2020 02:25 ET (06:25 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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